ILFC 787s face 27+ month delay for all 74 orders
Leasing giant International Lease Finance Corp. revealed today in a federal filing that its entire order of Boeing 787s will be delayed “an average in excess of 27 months per aircraft and span across ILFC’s entire order.” The company’s parent AIG Group revealed this news in its March 31 first quarter Securities and Exchange filing, accompanying the announcement of a huge loss for the quarter made after the stock market closed Thursday, May 8.
The first of ILFC’s 787s were originally scheduled to be delivered in 2010 through 2017. The delay, which is in line with other customers that have so far publicly revealed the impact, means that the first ILFC 787 will be delivered in 2012 or 2013 (depending on what month the original delivery schedule began).
More, 3:00PM PDT: James Wallace of The Seattle Post-Intelligencer just published this item about Air Canada’s 787 order being 30 months late.
New, Monday, May 12, 1000 AM PDT: ILFC’s own 10Q filing (made Friday) with the SEC is more detailed about its 787 delays. ILFC says the airplanes will be delivered 19-30 months late, with the average delay in excess of the 27 months reported in the AIG 10Q.